From 2013 to 2023, the Gross Investment in the meat processing sector in France exhibited notable fluctuations. Starting at 796.2 million Euros in 2013, the investment peaked dramatically in 2018 at 1300.0 million Euros, driven by a robust year-on-year growth of 18.36% in 2018. A subsequent drop to 960.1 million Euros in 2019 was observed before a steady recovery. By 2023, the investment stood at 1250.0 million Euros. The average annual growth rate (CAGR) over the last five years up to 2023 was -0.82%.
Year-on-year variations highlighted a dynamic sector: noteworthy increases like the 27.06% in 2017, and sharp drops like the -26.38% in 2019. More recent trends from 2021 to 2023 showed modest growth rates of 5.07%, 3.23%, and 3.03% respectively, indicating a stabilized albeit slower growth phase.
Future trends suggest a continuing moderate growth with forecasted values projecting to reach 1420.0 million Euros by 2028, reflecting a five-year CAGR of 1.98% and an overall expected growth rate of 10.29% from 2024. Key trends to watch for include technological advancements in processing, shifts in consumer preferences towards sustainable and ethical meat products, and regulatory impacts from evolving food safety and environmental standards.
